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Higher costs may be permanently embedded for Australian consumers and businesses as port companies reap historic profits from unchecked price increases, freight operators warn. Profits for Australian stevedore companies, which load and unload containers at ports, rose for the fifth year in a row to a...

Almost two in three Australians would not consider working for a company that required a long commute and many were willing to sacrifice higher wages and perks to work closer to home. Employees with short commutes also reported being happier and more productive, and saved an...

Mortgage holders should not expect any relief for the foreseeable future, Reserve Bank governor Michele Bullock says, after leaving interest rates on hold. In a widely-anticipated, unanimous decision, the central bank’s monetary policy board kept the cash rate steady at 3.6 per cent for a third-straight...